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to grover norquist. >> i'm not obligated on the pledge. i made tennesseeans aware, the only thing i'm honoring is the oath that i take when i'm sworn in this january. >> when i go to the con stech wents that have re-elected me. >> the pledge is for that congress. if i remember in congress in 1941, i would have signed a declaration of war against japan. the world has changed. >> but grover norquist does not think this world has changed. for republicans, who signed his pledge. >> are you going to want to exact punishment on them in two year, what? >> two things. there have been some, the folks whose pictures you put up there, some have engaged in impure thoughts. they haven't actually voted for a tax increase. we could ask president bush how his second term went after he broke his pledge. did he damage the pledge or by breaking his pledge, he lost a second term for the presidency. >> and this morning, even fox and friends were getting all philosophical about till death do us part pledges. >> i think you get into really difficult situations i
to grover norquist. >> i'm not obligated on the pledge. i made tennesseeans aware, the only thing i'm honoring is the oath that i take when i'm sworn in this january. >> when i go to the con stech wents that have re-elected me. >> the pledge is for that congress. if i remember in congress in 1941, i would have signed a declaration of war against japan. the world has changed. >> but grover norquist does not think this world has changed. for republicans, who signed his...
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. >> grover norquist. >> you speak of grover norquist. >> he's an entertaining warrior. >> pledge mentality is really on the run right now. >> speaker boehner clearly wants a deal. >> he can't have one arm tied behind his back. >> the top 1%, only 42% of the wealth. >> 48.5 million people lived below the poverty level. >> we should ask the wealthy to start paying their fair share. >> the american sense of fairness, no one should pay more than 25%. >> today's republican party has imploded. >> they are in denial. >> they are looking for someone to blame. >> grover is no longer speaking for the party. >> they may not be willing to just die on this hill anymore. >>> good evening. i'm ezra cline in for lawrence o'donnell. the craziest thing is happening in washington right now. you've probably heard of the fiscal cliff or as lawrence likes to call it, the fiscal curve or as my friend calls t the austerity bomb. whatever you would like to call it, it does not look like it's going to happen. it doesn't just look like we're going to avoid a crisis. at this moment today, and this can change, it look
. >> grover norquist. >> you speak of grover norquist. >> he's an entertaining warrior. >> pledge mentality is really on the run right now. >> speaker boehner clearly wants a deal. >> he can't have one arm tied behind his back. >> the top 1%, only 42% of the wealth. >> 48.5 million people lived below the poverty level. >> we should ask the wealthy to start paying their fair share. >> the american sense of fairness, no one should pay...
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grover norquist is not jesus. he is not going to speak from some mount and give us the ten commandments. and alan simpson is wonderful. he can't murder you, he can't burn down your house, he can't even blow down it hard. so the reality is you've got to make adjustments in the face of the american people's sentiment being, look, everybody's got to pitch in. aren't we americans? economic patriotism means everybody has to tighten the belt a little bit. >> i think it's interesting that you use the religious language there because grover norquist was on tv today saying rinse are having impure thoughts on raising taxes. a note of caution on all grover norquist deniers on tv. it's easy for lindsey graham and saxby chambliss to get on tv. but when it comes down to the actual vote, that's a lot harder for republicans to do, especially in the house of representatives where they can get a primary in 2014, get a lot of republicans up who could face tea party primaries. this is a small group that's jumped off the grover bridge
grover norquist is not jesus. he is not going to speak from some mount and give us the ten commandments. and alan simpson is wonderful. he can't murder you, he can't burn down your house, he can't even blow down it hard. so the reality is you've got to make adjustments in the face of the american people's sentiment being, look, everybody's got to pitch in. aren't we americans? economic patriotism means everybody has to tighten the belt a little bit. >> i think it's interesting that you...
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grover norquist -- >> but it's true. you can hear it a thousand more times. >> it may true to republican party, but the reality is in the cnn/orc poll just taken -- >> i understand. >> hang on. hang on. would you prefer a budget plan with only spending cuts, 29%, would you prefer a mix of spending cuts and tax increases, 67%. a thumping, thumping majority of americans would prefer to see cuts in spending and tax increases. but you republicans led by grover norquist are absolutely intransigent about allowing any raise in taxation, yet the american public want you to do it. >> listen, first of all, there's a lot of things you said that aren't true. >> well, name one. >> nobody is -- first of all, no one is opposed to increasing revenues by closing some loopholes, but they -- >> that wasn't what i said. hang on. that wasn't -- that was not what i said. that wasn't what i said. >> they want commensurate tax cuts -- >> hang on. you said what i said wasn't true. reince, come on. i have to stop you here. no. you can't put words
grover norquist -- >> but it's true. you can hear it a thousand more times. >> it may true to republican party, but the reality is in the cnn/orc poll just taken -- >> i understand. >> hang on. hang on. would you prefer a budget plan with only spending cuts, 29%, would you prefer a mix of spending cuts and tax increases, 67%. a thumping, thumping majority of americans would prefer to see cuts in spending and tax increases. but you republicans led by grover norquist are...
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grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the speaker does have to b negotiating a deal. >> i did a spit take with my fruity pebbles watching "morning joe" because eric cantor's tone was unlike anything i've ever heard. his office is saying oh, no, he's against raising marginal rates, but it's clear that in the scheme of things, the biggest piece is does john boehner have enough running room to strike a deal involving some new revenue. i still am of the belief that the vote in the house, which will be a cliff hanger no matter what happens amongst the leaders in the white house, it will be a tough vote. i t
grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the...
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norquist now really be pushed aside by the party? >> grover norquist is a survivor. he has a business, $7 million budget. spent $25 million in campaigns this cycles. he doesn't want to be seen as a dead-ender. he doesn't want his power to melt away bite by bite win the views like that. what we saw today was him providing a little path for republicans and, yeah, that very colorful point about the murder weapon, but he went on to say that republicans need to push for reform which speaker boehner has been doing, and to be clear about it, and he said the deal needs to be able to pass the laugh test back home. and he says it needs to be done in public. he wants it done on cnbc or on c-span the way some people wanted the health care deal done. so his argument is that if republicans are up front about what they want and what they're pushing for, they'll be able to survive whatever deal they ultimately have to go along with. >> you say mr. norquist wants to see it done in public. isn't that what we are seeing to a certain extent right now? we had speaker boehner out making h
norquist now really be pushed aside by the party? >> grover norquist is a survivor. he has a business, $7 million budget. spent $25 million in campaigns this cycles. he doesn't want to be seen as a dead-ender. he doesn't want his power to melt away bite by bite win the views like that. what we saw today was him providing a little path for republicans and, yeah, that very colorful point about the murder weapon, but he went on to say that republicans need to push for reform which speaker...
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. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you can't comply on the bounty the mutiny has begun: >> it's funny to watch a senator or congressman who got himself elected by promising the citizen of his state that he would go to washington to reform government and not to pay taxes. when the going gets rough he wanted to debt ceiling increase. the same cast of chakts are turns in the homework for the second tyne two years later and there's not a snowball rolling. the good news is the people that gave a commitment to the american voters. for four years president obama has not reined in spending. all he did is demand $1.6 trillion of tax increase so he can spend more money, not reining in spending. we need focus on spending problems because that's the problem we have. >> warren buffett wrote this fascinating piece in the "new york times" today. you're familiar with it today. suppose they come to you with an investment idea. i'm in it. i think you should be, too. would your reply be
. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you can't comply on the bounty the mutiny has begun: >> it's funny to watch a senator or congressman who got himself elected by promising the citizen of his state that he would go to washington to reform government and not to pay taxes. when the going gets rough he wanted to debt ceiling increase. the same cast of chakts are turns in the...
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. >> one of the sort of controversial men in the middle here has been grover norquist, one of the few guys in washington who goes by his own name, grover. his first name, i should say. there are reports that some republicans who signed his no tax hike pledge are backing away from him. in the "wall street journal" saturday, he said, no, nobody's backed off. what's the truth here? >> well, he's wrong about that. they are backing away from him. but i have to say, tyler, this is an issue that's much bigger than grover norquist pcht republican party has staked out tax issue for a long time. it is not because of one individual and the pledge, although he's done a very effective job of marketing that and marketing himself. this is about a stance of the republicans as the party of less government. democrats as the party of more government. but i do think because republicans lost the election, because they've had a difficult time, new york jets fans might recognizefy said they've had the equivalent of a butt fumble over the last couple of months. republicans are on the defensive. they are back
. >> one of the sort of controversial men in the middle here has been grover norquist, one of the few guys in washington who goes by his own name, grover. his first name, i should say. there are reports that some republicans who signed his no tax hike pledge are backing away from him. in the "wall street journal" saturday, he said, no, nobody's backed off. what's the truth here? >> well, he's wrong about that. they are backing away from him. but i have to say, tyler, this...
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. >> we've seen republicans break with grover norquist and put revenues on the table. on the other side of that, here's what a few democrats are saying about entitlements. >> i think people are dreaming if they think we're going to get a deal on entitlements in three weeks. that's just not going to happen. and i think it would be irresponsible to try to come up with any approach to entitlement reform in such a compressed period of time. >> yes or no, do you support raising the retirement age? >> no, i do not support raising the retirement age. >> is that likely to be a bigger sticking point than revenue? or do we not know yet? >> well, i think that's the critical question facing democrats here. are they going to cave and allow, you know, the new deal and the great society programs to be a part of this supposed grand bargain? or are they not? as of now, they are not part of the deal. this is about defense cuts, discretionary spending, and it's about tax cuts. only if the democrats agree to bring in the programs for the elderly and poor and middle class would they become
. >> we've seen republicans break with grover norquist and put revenues on the table. on the other side of that, here's what a few democrats are saying about entitlements. >> i think people are dreaming if they think we're going to get a deal on entitlements in three weeks. that's just not going to happen. and i think it would be irresponsible to try to come up with any approach to entitlement reform in such a compressed period of time. >> yes or no, do you support raising the...
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however grover norquist is threatening those who do so. let's hear what he had to say. >> no pledge taker has voted for a tax increase. you've had some people discussing impure thoughts on national television. the pledge is not for life but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> there you had grover norquist from the americans for tax reform who has spearheaded this no tax pledge. the fact of the matter is, zoraida, to reach an agreement there's going to have to be compromise, whether that means increasing taxes on some, whether that means changing entitlement reform, both sides are going to have to come to the table to try to reach an agreement. >> mark, can you remind folks how long ago that pledge was signed? >> this goes back years and years and years for many of these lawmakers in congress. they tend to be conservative. it's a very simpl
however grover norquist is threatening those who do so. let's hear what he had to say. >> no pledge taker has voted for a tax increase. you've had some people discussing impure thoughts on national television. the pledge is not for life but everybody who signed the pledge, including peter king who tried to weasel out of it, shame on him as the new york sun said today, i hope his wife understands that commitments last a little longer than, than, than two years or something. >> there...
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there's nothing you see over the next 35 days that would have you break that pledge with grover norquist? >> no, because raising taxes harms the economic growth. you get ten times the revenue by economic growth rather than punishing success. and, again, all of us are saying president obama, show us your plan for restraining the size of government, that's the main problem. again, his revenue proposal would raise $68 billion when we have over $1 trillion worth of deficit. where's the other $1 trillion in his balance plan? mr. president, show us your plan. >> sir, one thing, mitch mcconnell has said that revenue is on the table as long as entitlements would be on the table. conducting a fly-in lobbying day there in washington, d.c. this is where union leaders from 33 states are going to pressure their representatives to let the bush tax cuts expire and keep social security out of the fiscal cliff negotiations. lawmakers are being presented with this written letter in part by richard trumpka who is the president of that. accusing republicans of holding the economy hostage in that letter sayi
there's nothing you see over the next 35 days that would have you break that pledge with grover norquist? >> no, because raising taxes harms the economic growth. you get ten times the revenue by economic growth rather than punishing success. and, again, all of us are saying president obama, show us your plan for restraining the size of government, that's the main problem. again, his revenue proposal would raise $68 billion when we have over $1 trillion worth of deficit. where's the other...
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norquist. >> i'm not obligated on the pledge i made tennesseans aware is just elected that the only thing i'm honoring is the oath that i take when i serve when i'm sworn in this january. >> there's a lot that has been said about this pledge, and i will tell you when i go to the constituents that have elected -- re-elected me, it is not about that pledge. it really is about trying to solve problems. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece, but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> sounds great, doesn't it? only one problem, this apparent kiss-off to the anti-tax guru appears to be pure lip service. as mr. norquist himself expressed this morning in somewhat colorful language. >> no pledge taker has voted for a tax increase. we've had some people discussing impure thoughts on national television. we would certainly highlight who has kept their commitment and who hasn't. >> yet, so far those impure thoughts have not crossed into
norquist. >> i'm not obligated on the pledge i made tennesseans aware is just elected that the only thing i'm honoring is the oath that i take when i serve when i'm sworn in this january. >> there's a lot that has been said about this pledge, and i will tell you when i go to the constituents that have elected -- re-elected me, it is not about that pledge. it really is about trying to solve problems. >> when you're $16 trillion in debt, the only pledge we should be making to...
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who is grover norquist, talk to me about this pledge. it is not just about raising taxes, is it not? >> it is not just about raising taxes. this is a pledge that is spearheaded by activist grover norquist, a popular figure on the right and he basically is -- most members but not all members of congress on the republican side to sign this pledge which basically says they're not going to increase tax rates and also if they close deductions they would use that money to lower taxes in another area. after seeing republicans break, where they're saying, listen, we're willing to close tax loopholes to reduce the deficit, now we haven't yet seen that from congressional republican leaders, but we obviously are seeing it from prominent republicans you showed including senator graham and senator bob corker. >> question about two of those gentlemen here in a moment. cnn this morning talked to grover norquist, incumbents dare to break this pledge, dare to vote to raise taxes. the question was will he do it again? here's norquist. >> we would certainl
who is grover norquist, talk to me about this pledge. it is not just about raising taxes, is it not? >> it is not just about raising taxes. this is a pledge that is spearheaded by activist grover norquist, a popular figure on the right and he basically is -- most members but not all members of congress on the republican side to sign this pledge which basically says they're not going to increase tax rates and also if they close deductions they would use that money to lower taxes in another...
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. >> grover norquist had a good run. it lasted far longer than 15 minutes but his trstringent vie make him an outliar now. it is not unlike ralph reed who steered the republican party too far right on social issues in the '90s and is hardly heard from anymore. >> is he, rick, spiking the football, maybe on the 5 yard line? is this a little too premature to be writing off the grover norquist here and the no new tax movement in the republican party? >> yes, i think it is too premature. grover norquist has become a convenient boogie man, merely because we have maybe hit a tipping point on tax increases and voters are starting to accept the idea that taxes have to go up a little bit on some people. we have got a long way to go, though. we still are going to have to start talking about tax increases on the middle class at some point. that is going to be an entirely different battle. the nmagnitude of the problem will require increases on the middle class or tax cuts that are really deep. the tax increases is going to solve th
. >> grover norquist had a good run. it lasted far longer than 15 minutes but his trstringent vie make him an outliar now. it is not unlike ralph reed who steered the republican party too far right on social issues in the '90s and is hardly heard from anymore. >> is he, rick, spiking the football, maybe on the 5 yard line? is this a little too premature to be writing off the grover norquist here and the no new tax movement in the republican party? >> yes, i think it is too...
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they're talking about this pledge from the grover norquist group. he's the anti-tax crusader. his group has gotten the majority of republicans in congress to sign this pledge to oppose any effort to raise taxes in any way. so first we heard from a senator out of georgia, a republican, who said for his country he would break this pledge because if you stick to that pledge you won't be able to reach an agreement to bring down the debt. today we heard from south carolina republican senator lindsey graham and also from new york congressman peter king responding to this idea and jumping on the bandwagon with chandliss. let's listen to that. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming broke and republicans should put revenue on the table. i want to buy down debt and create rates to cut jobs, but i will raise taxes for the good of the country only if the government will do entitlement reform. >> a pledge we signed 20 years ago, 18 years ago is for that congress. if i were in congress in 1941, i would have signed the declara
they're talking about this pledge from the grover norquist group. he's the anti-tax crusader. his group has gotten the majority of republicans in congress to sign this pledge to oppose any effort to raise taxes in any way. so first we heard from a senator out of georgia, a republican, who said for his country he would break this pledge because if you stick to that pledge you won't be able to reach an agreement to bring down the debt. today we heard from south carolina republican senator lindsey...
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the war now breaking with anti-tax crusader grover norquist who had gotten a majority of republican lawmakers to pledge not to support any effort to raise taxes. >> i'm willing to generate revenue, it's fair to ask my party to put revenue on the table. we're below historic averages. i will not raise tax rates to do it. i will cap deductions. i will violate the pledge, long story short, for the good of the country only if democrat will do entitlement reform. >> reporter: it's not yet clear when lawmakers and the president will meet next. a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. i would be pleasantly surprised to see a deal emerge earlier than the end of the year. but we'll see. >> reporter: this week just might bring the parties one step closer. athena jones, cnn, washington. >>> anger and fresh clashes in egypt as dwivisions deepen over the president's new powers. even the financial markets taking notice. >>> a weekend getaway turned into a raging inferno. if you think running a restaurant is hard, try running four. fortun
the war now breaking with anti-tax crusader grover norquist who had gotten a majority of republican lawmakers to pledge not to support any effort to raise taxes. >> i'm willing to generate revenue, it's fair to ask my party to put revenue on the table. we're below historic averages. i will not raise tax rates to do it. i will cap deductions. i will violate the pledge, long story short, for the good of the country only if democrat will do entitlement reform. >> reporter: it's not yet...
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one senator is defending grover norquist's anti-tax stance. that's senator rand paul. he'll join us live in a few minutes. >>> even black friday couldn't save retailers from superstorm sandy. sales for november taking a hit in the wake of that storm. what does it mean, though, for the holiday shopping season? we'll tell you how to play it. >>> a wade of companies issuing special dividends ahead of the fiscal cliff. sounds like a plus for the company. we'll tell you why it could be more of a warning sign. >>> and how senate majority leader harry reid's home state of nevada could get hit hard if congress cannot make a deal on the fiscal cliff. >>> we're going to start with the cme group. rick santelli, the santelli exchange. i'm told a little poetry. i just hope it's not frost saying some say the world will end in fire, some saying ice. >> it's not going to be fire and ice. it is going to be some fire and brimstone! how's that? you know, i liked warren buffett's op-ed the other day in the "time"s. a minimum tax for the wealthy. we're going to get to a couple quotes in th
one senator is defending grover norquist's anti-tax stance. that's senator rand paul. he'll join us live in a few minutes. >>> even black friday couldn't save retailers from superstorm sandy. sales for november taking a hit in the wake of that storm. what does it mean, though, for the holiday shopping season? we'll tell you how to play it. >>> a wade of companies issuing special dividends ahead of the fiscal cliff. sounds like a plus for the company. we'll tell you why it...
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norquist pledge against raising taxes and white house press secretary jay carney reacted positively. >> some of the comments you mentioned are welcome, and they represent what we hope is a difference in tone and approach to these problems and a recognition that a balanced approach to deficit reduction is the right approach. it's the one that's most beneficial for our economy. >> reporter: larry, what i would say is tax increases does not necessarily, despite the rhetoric on both sides, and especially from democrats, does not necessarily have to mean increases in tax rates. it is possible, if you look at the estate tax, if you look at the treatment of dividends, capital gains and carried interest and take a look at loopholes and deductions to raise a significant amount of revenue from people at the top without changing the marginal rate, layery. >> very interesting. we're going to have senator tom coburn on that very subject later in the show. many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts
norquist pledge against raising taxes and white house press secretary jay carney reacted positively. >> some of the comments you mentioned are welcome, and they represent what we hope is a difference in tone and approach to these problems and a recognition that a balanced approach to deficit reduction is the right approach. it's the one that's most beneficial for our economy. >> reporter: larry, what i would say is tax increases does not necessarily, despite the rhetoric on both...
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this is a game to nullify grover norquist. some members put forth an option to tax the first $400,000 of income and people making more than that at 35%. all that does is increase everybody's taxes over 400,000 by 30,000. somebody at 450,000 gets hurt badly and somebody at 20 million isn't touched at all. >> honestly, those are the number that is make some people's head spin and makes -- >> i understand, absolutely. >> and the average constituent say i don't know what's going on here. what is your message to folks? what should they be looking at and how do they figure out where they stand on this? as you may well know, the obama administration is trying to get all of those people who voted for the president to come on board and say this is what we want and to press congress to make a deal but it is sort of hard to figure out what is fair. >> exactly. i said to my staff last week we need a big charge that shows the options and how much money is delivered or caused by each step we might take. i think for the most americans they h
this is a game to nullify grover norquist. some members put forth an option to tax the first $400,000 of income and people making more than that at 35%. all that does is increase everybody's taxes over 400,000 by 30,000. somebody at 450,000 gets hurt badly and somebody at 20 million isn't touched at all. >> honestly, those are the number that is make some people's head spin and makes -- >> i understand, absolutely. >> and the average constituent say i don't know what's going...
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. >> of course there's grover norquist. they say he is losing his grip and calling him a has-been. is he still relevant? >> he is relevant and will be relevant. you see where the president wanted his mandate to sort of use his approach, that some republicans are signaling that they are not going to be aligned so closely, senator chambliss said i love my country more than grover norquist. some will not sign this no tax pledge. so there is some sense maybe his influence will wane a little bit. i think he'll be an influential player down the road. >> i'm sorry to cut this short. i want to thank you for your time nonetheless. we will see you guys again. thank you. >> thank you. >>> still ahead, this partisan rush. what is the outlook for compromise when a majority of states will be under single party control? plus, which toys will be selling like hotcakes? toys 'r' us' ceo is here to break down the big ticket items. ♪ it's so important to make someone happy ♪ when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what
. >> of course there's grover norquist. they say he is losing his grip and calling him a has-been. is he still relevant? >> he is relevant and will be relevant. you see where the president wanted his mandate to sort of use his approach, that some republicans are signaling that they are not going to be aligned so closely, senator chambliss said i love my country more than grover norquist. some will not sign this no tax pledge. so there is some sense maybe his influence will wane a...
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it has nothing to do with grover norquist. it has to do with our word. remember, with this program t.a.g. is takes away our freedom, because good institutions that need to draw business from business don't need to do that anymore. if there's a government guarantee, it lowers the liberty and the choices for all. back to you, carl. >> all right. rick, something to think about. talk to you in a few moments. can't wait for sheila bair with you in a few minutes. we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so
it has nothing to do with grover norquist. it has to do with our word. remember, with this program t.a.g. is takes away our freedom, because good institutions that need to draw business from business don't need to do that anymore. if there's a government guarantee, it lowers the liberty and the choices for all. back to you, carl. >> all right. rick, something to think about. talk to you in a few moments. can't wait for sheila bair with you in a few minutes. we're heading to ohio's 8th...
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. >> so that is grover norquist if you don't already know. you probably should because he is making a lot of tv appearances. that was piers morgan tonight -- last night. >>> his group, american for tax reform is behind that no-tax pledge that's signed by the majority of republicans in congress. but now a few high-profile members of the gop are openingly questioning their pledge and saying it may stand in the way of getting a fiscal cliff deal done. that's one side of the equation. in exchange, those republicans say, look, we'll back down. but not if we don't get something for it. we want some entitlement reform. here are the big three entitlements -- social security, medicaid, and medicare, combined they make up 43% of federal spending last year. joining me is john avalon, cnn contributor, senior political columnist for "newsweek" and "the daily beast. "and all around very smart person. you have a column out about this. it's great reading. a lot of math in it. tons of math. >> i was told there would be no math, but there's math. >> a chevy ch
. >> so that is grover norquist if you don't already know. you probably should because he is making a lot of tv appearances. that was piers morgan tonight -- last night. >>> his group, american for tax reform is behind that no-tax pledge that's signed by the majority of republicans in congress. but now a few high-profile members of the gop are openingly questioning their pledge and saying it may stand in the way of getting a fiscal cliff deal done. that's one side of the...
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including grover norquist? >> i admire him. i signed that pledge. i don't think we would be breaking it. i want to make all of them permanent quite frankly. this is a debate about political tactics. in the end, ul republicans want to make sure that we don't increase taxes. but if there is a place that we can get 80% of the bush tax cuts, i think we should do that and continue to fight for the rest are. >> i spoke to him yesterday, he opposes anything along the lines of allowing a debate to go forward next year over the 2%, the 3%. he wants it all part of the same package. you disagree with him. >> well look, he is my friend. we talk you know political strategy and politics. this is my position. it was given in private. when he was asked, it was leaked by somebody. this is what i tell them. if they say what do you think we ought to do? i'm one voice. and i support the speaker. i recognize he is the speaker. they are trying to do the right thing. i think in this case the democrats and the president are trying to use the tax issue. instead they ought t
including grover norquist? >> i admire him. i signed that pledge. i don't think we would be breaking it. i want to make all of them permanent quite frankly. this is a debate about political tactics. in the end, ul republicans want to make sure that we don't increase taxes. but if there is a place that we can get 80% of the bush tax cuts, i think we should do that and continue to fight for the rest are. >> i spoke to him yesterday, he opposes anything along the lines of allowing a...
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as republicans, you need the kind of cover to protect you from grover norquist. to do what we thinks needs to be done on revenues. the centrist approach has made this country prosperous for hundreds of years and that's the approach we should take. >> are you willing to pay slightly higher taxes to get a year done? >> i would gladly pay higher taxes to get a deal done. >> really. >> yeah, i would. listen, we have hundreds of thousands of trushcks on the ros all the time. we use the roads, we use airports, we need the tsa and the infrastructure to keep the economy moving. i consider it an investment in the things we need do business, the same way i invest if my country every year. one of the things i love about philadelphia -- >> we need better roads. >> we need better roads. we need better airports. >> we do. people don't realize you don't need to repave the entire country. if you look at what's going on, there are bottlenecks, specific ones, and you can get it down to a list of 1,000 around the country. if you fix those bottlenecks you can free up a lot of econom
as republicans, you need the kind of cover to protect you from grover norquist. to do what we thinks needs to be done on revenues. the centrist approach has made this country prosperous for hundreds of years and that's the approach we should take. >> are you willing to pay slightly higher taxes to get a year done? >> i would gladly pay higher taxes to get a deal done. >> really. >> yeah, i would. listen, we have hundreds of thousands of trushcks on the ros all the time....
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grover norquist, again, has written an op-ed mentioning the debt ceiling specifically. a new report for the bipartisan policy center said the ceiling must be raised before the end of february to avoid default. he said republicans should use that as leverage, congresswoman, in the fiscal cliff deal. the debt ceiling that obama plans lump into every month or so for the next four years provides plenty of leverage for the gop to trade for spending cuts, as done in 2011, or continuing the lower rates. are you willing to do that, use the debt ceiling in this as leverage? >> well, what i'm willing to do, is to talk about, and a very serious conversation, which i don't believe we're really having here on the hill right now, and that is we have a spending-driven problem. you can't keep on spending a trillion dollars more than what you bring in every year. and until we look at both sides of this issue, and a balanced approach on this where we're looking at what is driving the debt, and making sure that we're balancing our budget, it's both revenue, and spending. and we've got to
grover norquist, again, has written an op-ed mentioning the debt ceiling specifically. a new report for the bipartisan policy center said the ceiling must be raised before the end of february to avoid default. he said republicans should use that as leverage, congresswoman, in the fiscal cliff deal. the debt ceiling that obama plans lump into every month or so for the next four years provides plenty of leverage for the gop to trade for spending cuts, as done in 2011, or continuing the lower...
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. >>> meanwhile, grover norquist is offering a reminder to republicans in congress who are thinking about breaking their anti-tax pledge in order to reach a deal. >> we could ask president bush, george herbert walker bush, how his second term went after he broke his pledge. did he damage the pledge, or did by breaking his pledge, he lost a second term for the presidency because he had not kept his word with the american people? >> at some point they need to let him go. >>> new york governor andrew cuomo is making his case for federal aid in the aftermath of hurricane sandy. governor cuomo said the storm could cost the state nearly $42 billion, and new yorkers would need federal help footing the bill. while acknowledging that more people died during hurricane katrina in 2005, the governor said that sandy's damage was actually more widespread. >> when you look at the number of homes and businesses affected, this storm affected many, many more people in places than katrina. and arguably, therefore, this created more housing and economic damage than katrina. >>> new jersey which suffered mass
. >>> meanwhile, grover norquist is offering a reminder to republicans in congress who are thinking about breaking their anti-tax pledge in order to reach a deal. >> we could ask president bush, george herbert walker bush, how his second term went after he broke his pledge. did he damage the pledge, or did by breaking his pledge, he lost a second term for the presidency because he had not kept his word with the american people? >> at some point they need to let him go....
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. >> i haven't talked to grover norquist so i don't know. >> we have had some people
. >> i haven't talked to grover norquist so i don't know. >> we have had some people
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norquist's tax pledge. he's also retiring at the end of this term. gentlemen, good to have both of you with us. mr. welch, i'll begin with you. i'm sure you've noticed, hopefully you've been watching cnbc and see all these pins that we are wearing that say "rise above" calling for you and your colleagues there to get something done on the fiscal cliff. why are you so unwilling to be able to do that? >> well, i am willing to do it. in fact, i work with steve, who you're going to hear from shortly, to advocate for a balanced deal. the real challenge here is practical. do we want to have a bad deal that beats the january 1 deadline, or are we willing to hold out for a more balanced deal, even if that requires us to go into january? >> does that include entitlements? does that mean reforming entitlemen entitlements, particularly medicare? >> absolutely. we have to have health care costs come under control. we can reform them. those of us who are strong supporters of medicare have to be advocates for system refo
norquist's tax pledge. he's also retiring at the end of this term. gentlemen, good to have both of you with us. mr. welch, i'll begin with you. i'm sure you've noticed, hopefully you've been watching cnbc and see all these pins that we are wearing that say "rise above" calling for you and your colleagues there to get something done on the fiscal cliff. why are you so unwilling to be able to do that? >> well, i am willing to do it. in fact, i work with steve, who you're going to...
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the math has changed so we'll ask grover norquist what is his survival strategy? he runs a $30 million operation and doesn't want to see that vanish. >> a lot of democrats emboldened saying we'll shield entitlements altogether. thanks so much, mike. >> on thursday night, house republicans are going to go see "lincoln" together, the number three house republican kevin mccarthy has rented a theater saying we need to make a deal. >> mike allen, thanks so much. >> what's so interesting, it wasn't really just eric that came on the show and said nothing yet we picked up a tone that something was different. same thing yesterday with dick durbin who came on the show because eric said, okay, we'll do deals on taxes, but you brought up capital gains tax, no. carried interest, no. raising the actual marginal rates, no, we don't want to do that yet when he left we got calls from democrats saying does he really want to make a deal? >> i got two yesterday that -- >> i got e-mails from democrats going wow, he sounds like he wants to make a deal. one senator said did he really me
the math has changed so we'll ask grover norquist what is his survival strategy? he runs a $30 million operation and doesn't want to see that vanish. >> a lot of democrats emboldened saying we'll shield entitlements altogether. thanks so much, mike. >> on thursday night, house republicans are going to go see "lincoln" together, the number three house republican kevin mccarthy has rented a theater saying we need to make a deal. >> mike allen, thanks so much. >>...
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the republicans would be free from their pledge to grover norquist about not raising taxes. and we would be talking about who is going to get some tax relief -- middle-class families, you know, people with children, and other targeted cuts, and the republicans could say, gee, i wanted to give the rich a tax break but we just couldn't get there. but, hey, we helped ow 98% of the people in america. i think we'd be barg frng strength. i'm very worried that we're getting back to where we were two years ago where the president was put in a box or a year ago when the president got put in a box over the republicans threatening to defall on our debt. we need to bargain from a stronger position and going over this bump in the road would give us that. >> as you know, there are a lot of people who would disagree with you about that, not just about the financial numbers per se, say the $200 billion the president is talking act next year, but also from a psychological standpoint. we've already seen wall street reacting in a negative way, concerned exactly about what would happen if a dea
the republicans would be free from their pledge to grover norquist about not raising taxes. and we would be talking about who is going to get some tax relief -- middle-class families, you know, people with children, and other targeted cuts, and the republicans could say, gee, i wanted to give the rich a tax break but we just couldn't get there. but, hey, we helped ow 98% of the people in america. i think we'd be barg frng strength. i'm very worried that we're getting back to where we were two...
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. >> do you think that's a pledge with grover norquist, with your constituents? there are others saying they have room around the pledge. >> well, that's a great question you just asked me. is that a pledge to my constituents. absolutely. in 2002 -- and i was running in a tough primary and those folks back in marietta, georgia, said, phil, are you going to take the grover norquist, americans for tax reform pledge. i said, yes, i will take it. many would have voted for my opponent. that plenl, i honor that. it's a pledge to my constituents. absolutely. >> all right. you say your constituents don't want you to raise taxes on the rich. let me show you what an abc/washington post poll shows. 60% would support raising taxes on incomes over $250,000 per year. you wouldn't do that? >> i understand that their perception. i have constituents that take that position as well. i'm sent to congress to represent 700,000 people in my northwest georgia district. they send me because they trust my judgment. they think i have the facts that maybe in many cases they don't. we know
. >> do you think that's a pledge with grover norquist, with your constituents? there are others saying they have room around the pledge. >> well, that's a great question you just asked me. is that a pledge to my constituents. absolutely. in 2002 -- and i was running in a tough primary and those folks back in marietta, georgia, said, phil, are you going to take the grover norquist, americans for tax reform pledge. i said, yes, i will take it. many would have voted for my opponent....
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norquist tax pledge. basically urging the party to take the president's deal of extending the tax cuts for 98% of americans right away. i want to play what he had to say to our chuck todd earlier today, though. >> the president says he wants to make 80% of the bush tax cuts permanent for 98% of the american people. and take them out of the discussion. i think we should do that. now, that advise was given in private. >> you didn't intend for this to go public? >> no, i absolutely didn't. again, it is what i said. it's not an inaccurate report. >> all right. he didn't really want it to get out there, but it's out there. it's feathers to the wind. michael, you can't get this back. you know that well with radio. once you say it, it's out there. feathers to the wind. do you agree congressman cole is actually giving the speaker more flexibility in the negotiations? >> yes. thomas, there's a tendency to watch these negotiations from the sidelines and to think that the prince piples speak for everyone. i think we
norquist tax pledge. basically urging the party to take the president's deal of extending the tax cuts for 98% of americans right away. i want to play what he had to say to our chuck todd earlier today, though. >> the president says he wants to make 80% of the bush tax cuts permanent for 98% of the american people. and take them out of the discussion. i think we should do that. now, that advise was given in private. >> you didn't intend for this to go public? >> no, i...
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. >> norquist is unelected guy named grover. it's what he can deliver with the voters that scares these guys. who is worse? eagles or the jets? >> i was at the eagles last night. this is a very hard call. when you have three offsides calls right in a row when the game is in doubt, i got to tell you, this is an amazingly difficult question to answer. i got to punt on this one. it's so hard. hail to the chiefs. thank goodness chiefs are there to make everyone look good. >> i didn't see the jets game. i did look on youtube. that's really a bad metaphor. running into your own guy and falling back in for a touchdown. that sort of sums it up, doesn't? >> eagles went on vacation very early on in the season. so far the vacation has been just okay. i want my money back. >> this has not come up for eagle fans that are some of the worst, is it, jim? >> i have to tell you at last night's game, the place was two-thirds filled. half of the people left by halftime. the booing was intense the whole time. >> they didn't throw snow balls did they
. >> norquist is unelected guy named grover. it's what he can deliver with the voters that scares these guys. who is worse? eagles or the jets? >> i was at the eagles last night. this is a very hard call. when you have three offsides calls right in a row when the game is in doubt, i got to tell you, this is an amazingly difficult question to answer. i got to punt on this one. it's so hard. hail to the chiefs. thank goodness chiefs are there to make everyone look good. >> i...
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only a grover norquist imagination does such a response exist. foos what he thinks should be done in washington, he says he supports president obama's proposal to eliminate the bush tax cuts for high income taxpayers. however, he says he prefers a cut off points somewhere above $250,000, maybe 500 thud or so. additionally, he says we need congress right new to enact a minimum tax on high incomes. buffett is suggests 20% between $1 million and $10 million and 30% on amounts above that and that's something he had laid out before. the real definition of the buffett rule. >> i always thought he was uncomfortable about the way the buffett rule was constructed and felt uncomfortable about saying something about it. because remember, he never really spoke openly about it, he would intimate that 250 might not be his number. >> the buffett rule is 30%. >> but then he's also talking about the 500. >> but that's not the buffett rule. but if you're doing tax reform, then you're not going up anyway. >> i think the main point he's saying is forget about the la
only a grover norquist imagination does such a response exist. foos what he thinks should be done in washington, he says he supports president obama's proposal to eliminate the bush tax cuts for high income taxpayers. however, he says he prefers a cut off points somewhere above $250,000, maybe 500 thud or so. additionally, he says we need congress right new to enact a minimum tax on high incomes. buffett is suggests 20% between $1 million and $10 million and 30% on amounts above that and that's...
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that would go against the grover norquist pledge not to raise taxes. but one of those who signed the pledge is standing by his promise. senator ron john so thson joins. senator, thanks for being here. >> good morning. >> senator, we've been following all of these negotiations as the market has turning on every single bit of information that comes out. you say that you would not go along with any idea to raise those marginal tax rates. why is that? >> because everything we should be doing here should be concentrating on economic growth because that's time as more effective. let me give you a couple numbers. even with the very meager recovery that we've had, revenue has increased to the federal government by $344 billion per year. if we just return to a normal economy like we had in 2007, those policies of george bush where we had 18.5% of our economy coming to the federal government as revenue, that would be another $419 billion. so combined, that would be $750 billion per year of additional revenue. now, president obama's proposal of punishing success,
that would go against the grover norquist pledge not to raise taxes. but one of those who signed the pledge is standing by his promise. senator ron john so thson joins. senator, thanks for being here. >> good morning. >> senator, we've been following all of these negotiations as the market has turning on every single bit of information that comes out. you say that you would not go along with any idea to raise those marginal tax rates. why is that? >> because everything we...
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the republican senatoor chamblis says he has a job to do for the american people, not grover norqui norquist. what's your reaction to this, these are pretty strong words? >>> a little confusing. one, of course the commitment he made to the people of georgia was not to me, it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes. if he wants to change his mind and become a tax increaser so we don't have to reform government, he needs to have that conversation with the people of georgia. he then talks about my plan to increase debt or something. the only plan that i think i've supported is the paul ryan bill, which reduces the deficit, brings down the debt, doesn't raise taxes, and it's a plan that mr. chambliss voted for. so i think they caught im, and he said things that didn't make sense. what i have been urging all candidates to do, is to look at the fiscal cliff. we need to have any negotiations about raising taxes or deferring spending restraint, obama wants to spend more on stimulus spending,
the republican senatoor chamblis says he has a job to do for the american people, not grover norqui norquist. what's your reaction to this, these are pretty strong words? >>> a little confusing. one, of course the commitment he made to the people of georgia was not to me, it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes. if he wants to change his mind and become a tax increaser so we...
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norquist. people skeptical about a deal say what really matters is the house. the house is not showing that same level of flexibility, call it whatever you want. is that fair? are republicans in the house -- you're from oklahoma. obviously a red state. are you as resolute as you have always been? >> i am. here's the issue. the tax rate has never been the solution. there's a couple things to keep in mind here. one is obama care taxes kick in january 1st. there are three aspects to that fiscal cliff. the third aspect is the obama care taxes that are coming. there's a 3.8% increase on capital gains, on dividends, interest income for people making 200,000 or more. that's already coming. that's baked in the cake. what the president wants is an additional tax increase rate increase on the same group of people he's already put a rate increase on in january. we're pushing back saying they are taking a hit in january based on the obama care taxes. why talk about a double tax rate increase? second thing
norquist. people skeptical about a deal say what really matters is the house. the house is not showing that same level of flexibility, call it whatever you want. is that fair? are republicans in the house -- you're from oklahoma. obviously a red state. are you as resolute as you have always been? >> i am. here's the issue. the tax rate has never been the solution. there's a couple things to keep in mind here. one is obama care taxes kick in january 1st. there are three aspects to that...